NOT LISTED FOR SALE
8 Beds
4 Baths
2,960 Sq Ft
7,362 Sq Ft Lot

Sale Details

Date Sold: February 28, 2022

Last sale price $1,290,000 $436 Per Sq Ft

7 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • No HOA
  • Troy High School Rated A+
  • Property is near public transit
  • Double Pane Windows

About This Home

As of February 2022

Welcome to 207 S. Acacia Avenue, Fullerton! This prime 4-unit multifamily investment property is located in one of Orange Counties premier rental markets. All units in this Quadruplex are 2 bedrooms and 1 bathroom (each unit has the same floor plan). There are THREE (3) attached TWO (2) car garages at the back of the property. Each unit has it's own private patio, updated Kitchen and Bathroom, and Newer Dual Paned Windows. The property has been well maintained and care for by its current owners. The front yard consists of artificial turf and requires little to no maintenance. There is a small Community Laundry Room located at the back of the property. With close proximity to California State University Fullerton (CSUF), with an annual student enrollment of over 41,000, and Fullerton Junior College (FJC) the demand for rental units is significant. Located near St. Jude Hospital, Disneyland, Restaurants, Shopping, Public Transportation, and so much more! The 57, 91, 22, and 5 FWY are all just minutes away. This is the first time that this property has been on the market since it was built in 1964...do not miss out on the opportunity to see this property!

Last Agent to Sell the Property

Jacob Abeelen

T.N.G. Real Estate Consultants License #01973535 Listed on: 01/13/2022

T.N.G. Real Estate Consultants

Last Buyer's Agent

Kristine Kurz

Real Estate Ebroker Inc License #02042035

Real Estate Ebroker Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,362 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,960 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room

Kitchen

  • Gas Range
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 5
  • Tax Tract Number 4011
  • Assessor Parcel Number 26911105
  • $986 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $417
  • Fuel Expense $396
  • Insurance Expense $4,185
  • Trash Expense $1,000
  • Water Sewer Expense $2,062
  • New Taxes Expense $2,332
  • Operating Expense $10,392
  • Gross Income $2,451
  • Net Operating Income $60,219

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,362 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: FULLERTON
  • View: No
  • Water Sewer Expenses: 2062.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 26911105
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 435.81
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater, Range Hood, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 7362.00
  • Lot Size Acres: 0.1690

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 417.00
  • Fuel Expense: 396.00
  • Garage Income: 1200.00
  • Gross Income: 2451.00
  • Gross Scheduled Income: 70611.00
  • Insurance Expense: 4185.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1251.00
  • Lot Size Area: 7362.0000 Square Feet
  • Net Operating Income: 60219.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 10392.00
  • Rent Control: No
  • Total Actual Rent: 5780.00
  • Total Expenses: 10392.00

Tax Info

  • New Taxes Expense: 2332.00
  • Tax Census Tract: 114.03
  • Tax Lot: 5
  • Tax Tract Number: 4011
  • TaxOtherAnnualAssessmentAmount: 986.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Bought by

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 21, 2022
Sold by
Bought by
Seller's Agent
Jacob Abeelen
T.N.G. Real Estate Consultants
Buyer's Agent
Kristine Kurz
Real Estate Ebroker Inc
List Price
$1,250,000
Sold Price
$1,290,000
Premium/Discount to List
$40,000
3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2017
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$380,909 First American Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $937,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $1,290,000 0.0% $436 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/18/2022 01/18/22 Off Market $1,290,000 -- --
01/13/2022 01/13/22 For Sale $1,250,000 -- $422 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $16,008 $1,396,337 $1,270,530 $125,807
2025 $15,380 $1,368,958 $1,245,617 $123,341
2024 $15,380 $1,342,116 $1,221,193 $120,923
2023 $15,008 $1,315,800 $1,197,248 $118,552
2022 $2,207 $112,143 $43,698 $68,445
2021 $2,174 $109,945 $42,842 $67,103
2020 $2,156 $108,818 $42,403 $66,415
2019 $2,124 $106,685 $41,572 $65,113
2018 $2,095 $104,594 $40,757 $63,837
2017 $2,064 $102,544 $39,958 $62,586
2016 $2,029 $100,534 $39,175 $61,359
2015 $1,983 $99,024 $38,586 $60,438
2014 $1,934 $97,085 $37,830 $59,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22006802

California Regional Multiple Listing Service (CRMLS)

APN: 269-111-05

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